Science fiction? Musk's 'lofty' SpaceX goals seem unrealistic, skeptics say SpaceX has achieved much, but experts question its ambitious future goals. Plans for Mars colonies and orbital AI data centers face technological and economic hurdles. While Starship development continues, challenges remain for deep space travel. NASA's involvement may be crucial for colonization. The company's IPO provides resources, but future success… The Economic Times · Jun 12
SpaceX crypto traders are betting on a $2.2 trillion valuation Crypto traders are valuing SpaceX at $2.2 trillion, significantly higher than its IPO price of $135 per share, ahead of its trading debut. Perpetual futures on crypto venues suggest a strong demand, even as veteran investors express skepticism about the company's valuation. This blockchain-based market's predictive power is now being… The Economic Times · Jun 12
Musk's SpaceX set to make biggest-ever initial public offering on Wall Street Elon Musk's space transport company SpaceX is set to begin trading on the US market on Friday with an offering of more than 555 million shares priced at at $135 each. The move is expected to place SpaceX in the top 10 of Wall Street's biggest companies and make Musk… France 24 · Jun 12
SpaceX IPO makes Elon Musk the world's first trillionaire At a time when concerns about inequality are high and public attitudes toward the ultra-wealthy have soured, Musk has managed to retain a loyal following despite his stratospheric net worth and without the folksy persona that endeared other tycoons such as Warren Buffett to the masses. The Economic Times · Jun 12
Oil slides on peace hopes, as all eyes on SpaceX debut European and Asian stocks have gained and oil has fallen as Donald Trump touts that an Iran deal is looming, while investors await the historic SpaceX IPO. AAP · Jun 12
Asian stocks rally on Gulf breakthrough hopes, oil hits two-month lows Asian stocks rallied on hopes of a Middle East peace deal, tempering inflation fears as oil prices fell to two-month lows. The market also anticipated Elon Musk's SpaceX IPO, which set a record $75 billion. President Trump indicated a potential peace deal signing soon, boosting market sentiment. The Economic Times · Jun 12
International Business Times · Jun 11 Market Sees $1.75 Trillion SpaceX IPO as 'Referendum' on Elon Musk's Leadership: Report Analysts and executives are reportedly describing the SpaceX IPO as a "referendum" on Elon Musk, with capital markets evaluating both the company's potential and the degree of faith placed in the entrepreneur driving it.
The Conversation · Jun 11 SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days Elon Musk’s SpaceX is becoming a publicly traded company after selling 555.6 million shares in what was the biggest initial public offering in history. But my new research suggests that investors who bought those shares are unlikely to see the explosive growth that past IPOs had.
Fortune · Jun 11 SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big The real money comes after the opening bell.
AAP · Jun 11 After record IPO, SpaceX faces test in market debut SpaceX has made history after raising $106 billion to become the biggest IPO ever. Now the market is set to find out the strength of the stock's "Musk premium".
International Business Times UK · Jun 11 Elon Musk's Fintech Plans Disrupted Outside Morgan Stanley HQ Over Claims SpaceX's Grok 'Makes AI Child Porn' Elon Musk's SpaceX IPO, the largest in history, is overshadowed by controversy as xAI's Grok chatbot faces allegations of generating AI child pornography, prompting global regulatory scrutiny.
Barchart · Jun 11 The SpaceX IPO: Why I Think Next Week, Not Friday, Is the Real Event Financial media is buzzing about the SpaceX IPO. Here's why I'm not buying in, and what I'm doing instead.
France 24 · Jun 11 Belfast knife attack: False images, misinformation fuel anti-immigration riots Police in Northern Ireland on Thursday prepared for further disorder, as anti-immigration riots risked entering their third night. The unrest erupted after a brutal street stabbing on Monday by Sudanese national Hadi Alodid, who has been charged for attempted murder following his attack on Stephen Ogilvie. False and outdated images…